Thanks for the information. I read every word however, unless I overlooked it, I saw no reference to the way an independent director is compensated.

I don't think the definition I offered was limited to a single company.In fact, there are countless sources available which treat the issue the same as the one I cited. Here's an example from Wiki. It quotes the NYSE as saying:

The NYSE states:

"no director qualifies as 'independent' unless the board of directors affirmatively determines that the director has 'no material relationship' with the listed company, either directly or as a partner, shareholder or officer of an organization that has a relationship with the company."[5]

Seems pretty clear to me,